PremierOne Tax & Accounting Pty Ltd

We provide end to end accounting, tax and bookkeeping services, CFO services, business advisory and outsourced accounting & payroll services. 

CFO services: You can leverage my 25years+ executive finance experience through regular advisory meetings where we'll make sure you're on track with your business goals. 

Accounting and tax: Our team works on your bookkeeping, accounting and tax all under one roof, providing you with a higher quality, more efficient finance solution. 

Software systems: Our team has specialized proficiency and experience with accounting and payroll systems like Xero & MYOB, as well as industry-specific systems in aged care. The team has also performed multiple enterprise system implementations. We view up-to-date technology and systems as critical to ensuring your business is futureproof and operating efficiently. We have extensive experience helping our clients leverage these tools effectively. Our clients have saved countless hours of time and energy through using the right systems.

Proactive Cashflow: Our team provides proactive debtors/suppliers (AR/AP) management to ensure optimal management of your cash flow. In 2023 we helped one of our clients who outsourced their finance to us to recover 160k in bad debts.

Outsourced Payroll: We help businesses with over 50 employees with outsourced payroll and in 2023 one of our clients saved $148k by outsourcing their payroll to us. We cover payroll software, payroll reporting, interstate reporting and all compliance requirements.

If you would like a complementary consult to help you with business strategy, cost optimization, streamlining processes & systems, outsourcing and/or general finances my team can help you organise this here: calendy.com/premieroneau

Virtual CFO/Accountant/Payroll Solution Expert/ Registered Tax Agent /Xero Expert

Bonaire Heating and Cooling

With a strong legacy of over 60 years, Bonaire has established itself as one of Australia's premier heating and cooling brands, providing cutting-edge and efficient air conditioning systems to homes and industries. As part of Climate Technologies Pty Ltd, a leading manufacturer in the industry, Bonaire has expanded its reach to include a group business entity in the USA known as Bonaire USA LLL. 

Climate Technologies boasts an extensive distribution network across Australia and the USA, reaching customers through a wide network of dealers and distributors. 

Climate Technology Australia is owned by Symphony Limited, a publicly listed company in India with a market capitalization value of US$2 billion. With a rich history dating back to 1939, Symphony is globally recognized as a leader in evaporative cooling technology. 

In my role as the National Financial Controller/CFO, I assumed responsibility for managing, controlling, and facilitating end-to-end finance functions for both the Australian and US operations of Bonaire. Leveraging my expertise in SAP FICO and leading a team of accountants, I ensured the seamless execution of financial processes and compliance with regulatory requirements. Additionally, I diligently provided quarterly and annual IFRS financials to Symphony Ltd in India, enabling the company to meet its obligations as a publicly listed entity.

Working with Bonaire and Climate Technologies, I gained invaluable experience in overseeing finance operations within a dynamic and globally recognized organization. By driving efficiency and maintaining financial compliance, I contributed to the continued success of the company and its commitment to delivering exceptional heating and cooling solutions to customers worldwide.

National Financial Controller/CFO

Wattly Pty Ltd

I joined Wattly Pty Ltd as the Group Financial Controller in August 2016 following a successful selection process highlighting my capability to provide strategic solutions to complex business challenges. As an integral executive team member, my role involved diverse responsibilities, allowing me to work independently with autonomy, flexibility, and trust.

✅  Core executive talents used in this role: 

Analysis, due diligence, logical thinking, commercial and strategic foresight. 

✅  Selected accomplishments:

☛  Saved $170K in taxes by recommending an inventory revalue on June 30 to align with market pricing, and leveraging an ATO tax ruling to allot a significant software licensing fee to expenditure as opposed to the traditional, five-year software cost amortisation. 

☛  Elevated transparency and enabled the business to show real gross margins and cost of sales immediately after a sale was made by establishing and strengthening the Xero-based inventory system—tracking and reconciling energy certificates held in regulatory agency electronic warehouses and noting the value and amortisation of the fees and costs. 

☛  Instrumental in reducing risk and elevating confidence in an NSW-based business purchase. Conducted due diligence and analysis and provided recommendations based on financials and data from the existing business owners.

☛  Accurately projected the future profit and loss position with 90% accuracy, significantly improving the quality of business decision-making.

☛ Entrusted to authorise million-dollar business banking operations. 

✅  Exciting work environment encompasses a paperless office and extensive use of technology and automation to streamline and accelerate financial operations. 

✅  Talents used: executive team strategic and commercial advice, financial operations, audit management, continuous improvement, acquisitions, due diligence, investments, global commercial negotiations, team leadership, governance: policies, procedures, reporting.

Group Financial Controller

EzyAccounts

Providing solutions to numerous small business owners and managing client relationships were core to the role that relied heavily on communications, strong technical expertise, a good knowledge of Cloud accounting apps Xero, MYOB and QBO, and the capacity to conceive and produce business performance and dashboard reports in a clear, at-a-glance format. 

✅  Unique characteristics of the role: 

☛  Capacity to multi-task was imperative as the role dealt with small business clients while concurrently acting as a financial controller. 

✅  Selected accomplishments:

☛ Helped a client seek a refund by recommending that a 20% vehicle down-payment to a dealership was not considered in the chattel mortgage agreement. 

☛ Secured a $40,000 tax refund after identifying over-reported incomes from erroneous data duplication and advising the client to re-lodge a tax return with genuine figures.  

✅  Making a difference…

☛ Volunteered to train price-sensitive clients in using Cloud accounting applications and cut the cost of bookkeeping and business accounting services. The initiative, built client satisfaction and loyalty—leading to greater referrals and revenues. 

☛ Increased gross margin from 38% to 55% after analysing labour and charge-out hour rates, and aligning costs to the current market and competitor pricing structures. 

☛ Presented and won management buy-in for a business case that correctly identified reduced overheads by sourcing products from overseas suppliers.

☛  Secured a $5000 refund following a vigorous audit and account reconciliation process.  

✅  Core skills used in this role:

Financial advice, financial analysis and reporting, risk mitigation, audits, team leadership, strategic planning, regulatory and statutory compliance.

Financial Controller

L&A Group of companies

Engaging in this role was an unforgettable experience, given the highly challenging and demanding environment it entailed. With a workforce exceeding 500 individuals and divergent lines of business within the same group, it necessitated a unique set of skills. Effectively managing government and bank stakeholders, along with operating in an intense and pressurized setting, called for exceptional emotional intelligence and strong leadership capabilities.

✅ Direct Reports: 6

✅  Core skills used in this role:

People management, multi-tasking, board-level reporting, internal and external stakeholder relationship management, cross-functional expat-manager collaborations, group financials, IT and HR management, strategic brainstorming between the executive and business owners. 

✅  Selected achievements:

☛  Boosted sales by 30% and maintained consistent gross profits by developing effective pricing and discount policies for the retail division. 

☛  Delivered 28% increase to annual sales after introducing month sales incentives, and a year-end performance bonus system for the sales team. 

☛  Saved PGK 55K after introducing self-insurance for large trucks, plant and equipment owned group-wide. 

☛  Converted 65% of slow-moving, obsolete and redundant tile inventory, to cash.

Chief Financial Officer

Focal Point Technology Pty Ltd

My notable contributions to the successful ERP implementation at Monier caught the attention of the Managing Director of Focal Point. Impressed by my achievements, I was offered a role to join the company, which presented an exciting opportunity to work in Australia. This experience marked a significant milestone in my career as it involved adapting to a new environment and managing teams in a Western country. It entailed a steep learning curve, allowing me to gain valuable insights and develop my skills in team leadership within a different cultural context.

✅  Important to the role: 

☛  Accounting experience, communication strengths, and a can-do attitude. 

✅  Selected achievements:

☛  Sustained average debtor turnover at 30 days through careful management of the accounts receivable function. 

☛  Uncovered $8.7K in credit adjustments by analysing prior year’s Business Activity Statements. 

☛  Produced accurate and easy-to-understand reports and templates that aided management decision-making and helped meet the company’s strategic priorities.

☛  Enriched management’s capacity to determine cost and profits in advance, after risk managing volatile exchange rates for overseas clients by entering into foreign exchange hedging contracts. 

✅  Key knowledge required for the role: 

Financial and accounting operational management, BAS, P&L management, stakeholder relationship management, financial/market and competitor analysis, change management, team training.

Monier PNG Limited

Built reputation for managing finances across multiple, geographically scattered businesses—all with different divisions and lacking internet connectivity. Collating data and managing financial accounting and reporting was a challenge, requiring a cool head, tenacity, resilience, and a willingness to find solutions, work through complexities, roll up the sleeves and get results.

✅ Direct Reports: 7

✅  Core skillset required included:

Financial control and reporting for multi-site operations, team leadership, strategy collaborations with the CEO/MD, acting as CEO/GM due to absence, HR and IT management.  

✅  I’m proud of:

☛  Within three months of commencement, met all deliverables and demonstrated results that enabled the removal of a senior-level finance role from the leadership structure. 

☛  Cited by the notoriously demanding Managing Director, as being the “best ever financial controller” hired by the company. 

☛  Executed an integrated ERP system (Majik Enterprise Software) that interfaced data from remote sites seamlessly and provided real-time dashboard monitoring. As project leader for the integration and migration, became pivotal in managing change, driving staff training, providing remote support, training divisional managers and ensuring IT support. 

✅  Selected accomplishments:

☛  Uncovered a flaw by Big 4 company accountants not claiming accelerated depreciation on heavy plant and equipment and trucks used in manufacturing in the prior year’s tax returns. Exposing this error and persuading the accountants to file a revised tax return, produced a tax refund of PGK 6 million. 

☛  Elevated cash flow by PGK 3M by introducing a credit analysis function, decreasing outstanding receivables from 60 to 45 days and reducing risk from marginal customers. 

☛  Recovered PGK 1.5M from group companies through reconciliations and error rectifications on general ledger and intercompany accounts. 

☛  Improved current ratio to 2.50 through efficient controls.

HLB NIUGINI CHARTERED ACCOUNTANTS

Offered solutions and business insights to a wide range of clients with many landowners subcontracted to Oil Search Limited. 

✅  Core skillset required:

Multitasking, reporting, team supervision and management, client relationships, representation of clients in board meetings and bank loan meetings, contract negotiations, accounting and technical skills, communication strengths, the capacity to deal with regulatory agencies and external audit bodies (Deloitte, PwC and KPMG).

✅  Greatest challenges of the role:

Regular changes to leadership, and landowners unable to fight for legitimate benefits. Played a pivotal role to ensure landowner interests were safe-guarded and protected and in some cases, managed finances through clear authority granted in writing. 

✅  Selected accomplishments:

☛  Exposed a service client’s contractual payment error with Oil Search, that was later settled out of court in the client’s favour for a considerable sum. 

☛  Produced a future cash flow forecast that secured funds for an engineering client to purchase plant and equipment. The financial institution, initially unwilling to lend, later granted a PGK 500,000 finance loan based on the forecasts. 

☛  Acted in the role of Financial Controller for 15+ business clients, supervising a team of nine national staff. Provided training in MYOB and Excel and client-specific industry functions. Through mentorship and training, supported by rewards and incentives, all staff were retrained and competent in handling the rigours of the role.

Senior Manager-Professional Business Services

Pacific Industries, Inc.

Finance Manager

Sharp Pumps Pvt Ltd

Deputy General Manager- Finance and Accounting

Virtual CFO for Small and Medium Businesses, offering Tax Accounting and Payroll Processing Solutions!

I provide businesses with CFO, accounting and tax services as well as fully outsourced accounting and payroll services. My firm PremierOne is all about providing a personalised approach with comprehensive service and being proactive with our financial guidance. We pride ourselves on providing a high-quality service to our clients and love to go above and beyond (72 5-star Google reviews to date).  

I have 25 years of executive experience in finance where I have cultivated expertise in financial compliance, process optimization, and effective leadership. I also bring a highly client-centric approach that is driven by a passion to provide solutions that not only meet but exceed client expectations. I am a go-getter and I love working with other go-getters and helping them to succeed.

If you would like a complimentary consult to help you with business strategy, cost optimization, streamlining processes and systems, outsourcing and/or general finances my team can help you organise this here: calendy.com/premieroneau

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Maru Natarajan(Suresh) FCPA, CMA, Registered Tax Agent

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